Latvia: Aircraft Launching Gear Market 2020

Aircraft Launching Gear Market Size in Latvia

The revenue of the aircraft launching gear market in Latvia amounted to $X in 2018, reducing by -X% against the previous year. In general, aircraft launching gear consumption continues to indicate a deep deduction. The most prominent rate of growth was recorded in 2014 when the market value increased by X% year-to-year. Latvia aircraft launching gear consumption peaked at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Aircraft Launching Gear Production in Latvia

In value terms, aircraft launching gear production amounted to $X in 2018 estimated in export prices. Over the period under review, aircraft launching gear production continues to indicate a relatively flat trend pattern. Over the period under review, aircraft launching gear production attained its peak figure level in 2018 and is likely to continue its growth in the immediate term.

Aircraft Launching Gear Exports

Exports from Latvia

In 2018, approx. X kg of aircraft launching gear, deck-arrestor or similar gear and parts thereof were exported from Latvia; therefore, remained relatively stable against the previous year. Overall, aircraft launching gear exports continue to indicate outstanding growth. The growth pace was the most rapid in 2009 with an increase of X% year-to-year. Latvia exports peaked at X kg in 2011; however, from 2012 to 2018, exports stood at a somewhat lower figure.

In value terms, aircraft launching gear exports amounted to $X in 2018. Over the period under review, aircraft launching gear exports continue to indicate an outstanding increase. The pace of growth was the most pronounced in 2009 when exports increased by X% year-to-year. Over the period under review, aircraft launching gear exports reached their peak figure at $X in 2016; however, from 2017 to 2018, exports stood at a somewhat lower figure.

Exports by Country

In 2018, the U.S. (X tons) represented the main exporter of aircraft launching gear, deck-arrestor or similar gear and parts thereof, comprising X% of total exports. It was distantly followed by France (X tons), constituting an X% share of total exports. Canada (X tons), Italy (X tons), Taiwan, Chinese (X tons) and Mozambique (X tons) occupied a relatively small share of total exports.

Exports from the U.S. increased at an average annual rate of +X% from 2007 to 2018. At the same time, Mozambique (+X%), France (+X%) and Italy (+X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, Canada (-X%) and Taiwan, Chinese (-X%) illustrated a downward trend over the same period. While the share of the U.S. (+X p.p.), France (+X p.p.) and Mozambique (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of Canada (-X p.p.) and Taiwan, Chinese (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) remains the largest aircraft launching gear supplier from Latvia, comprising X% of global exports. The second position in the ranking was occupied by Italy ($X), with a X% share of global exports. It was followed by France, with a X% share.

From 2007 to 2018, the average annual growth rate of value in the U.S. stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (+X% per year) and France (+X% per year).

Export Prices by Country

The aircraft launching gear export price in Latvia stood at $X per ton in 2018, lowering by -X% against the previous year. Overall, the aircraft launching gear export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 an increase of X% y-o-y. In that year, the export prices for aircraft launching gear, deck-arrestor or similar gear and parts thereof reached their peak level of $X per ton. From 2010 to 2018, the growth in terms of the export prices for aircraft launching gear, deck-arrestor or similar gear and parts thereof failed to regain its momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Italy ($X per ton), while Mozambique ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Italy, while the other leaders experienced a decline in the export price figures.

Aircraft Launching Gear Imports

Imports into Latvia

Aircraft launching gear imports into Latvia stood at X kg in 2018, waning by -X% against the previous year. In general, aircraft launching gear imports continue to indicate an abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. Latvia imports peaked at X tons in 2016; however, from 2017 to 2018, imports failed to regain their momentum.

In value terms, aircraft launching gear imports amounted to $X in 2018. Overall, aircraft launching gear imports continue to indicate an abrupt descent. The growth pace was the most rapid in 2016 when imports increased by X% y-o-y. Over the period under review, aircraft launching gear imports reached their peak figure at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

Iran dominates aircraft launching gear imports structure, reaching X tons, which was near X% of total imports in 2018. France (X tons), the U.S. (X tons) and India (X tons) took a minor share of total imports.

Iran was also the fastest-growing in terms of the aircraft launching gear, deck-arrestor or similar gear and parts thereof imports, with a CAGR of +X% from 2007 to 2018. France experienced a relatively flat trend pattern. the U.S. (-X%) and India (-X%) illustrated a downward trend over the same period. While the share of Iran (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of India (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported aircraft launching gear, deck-arrestor or similar gear and parts thereof into Latvia, comprising X% of global imports. The second position in the ranking was occupied by France ($X), with a X% share of global imports. It was followed by the U.S., with a X% share.

In India, aircraft launching gear imports plunged by an average annual rate of -X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: France (+X% per year) and the U.S. (-X% per year).

Import Prices by Country

In 2018, the aircraft launching gear import price in Latvia amounted to $X per ton, increasing by X% against the previous year. In general, the aircraft launching gear import price, however, continues to indicate an abrupt slump. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Latvia import price peaked at $X per ton in 2007; however, from 2008 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was India ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by France, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform